2025-03-14T09:36:11-07:00 2024-06-30 990 2023-07-01 043170101 COVENANT CHRISTIAN ACADEMY INC COVE 9785357100 83 Pine Street Peabody MA 01960 David Anastasi Head of School 9785357100 2025-03-14 1 2023 2025-03-06 01:10:19Z David Anastasi 83 Pine Street Peabody MA 01983 9300882 0 X www.covenantchristianacademy.org X 1991 MA Elementary and high school education for grades Pre-K through Grade 12. 5 5 135 25 0 0 328665 514914 6874859 7256011 0 132578 165445 856821 7368969 8760324 1177688 1223218 0 0 3825439 4347104 0 0 96041 1971639 1990838 6974766 7561160 394203 1199164 14982975 16551393 10068446 10437700 4914529 6113693 Elementary and high school education for grades Pre-K through Grade 12 0 0 6672967 1223218 7256011 To provide education for students in Pre-K through Grade 12 0 0 0 6672967 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 135 1 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Rita Detwiler 9785357100 83 Pine Street Peabody MA 01960 David Anastasi Head of School 50 0 X 125000 0 23995 Andrea Bergstrom Lower School Principal 50 0 X 90000 0 4516 Jessica Rossotti CFO 50 0 X 65000 0 3281 Leslie Baird Vice Chair 5 0 X 0 0 0 Chrystal Porter Board Member 5 0 X 0 0 0 Ryan Plosker Chair 5 0 X 0 0 0 Kathy Azadian Board Member 5 0 X 0 0 0 Marcio DeJesus Board Member 5 0 X 0 0 0 280000 0 31792 2 0 0 0 0 0 0 0 0 0 514914 0 514914 Tuition & Fees 611000 7192871 7192871 0 0 63140 63140 0 0 7256011 132578 132578 0 0 0 0 0 0 0 0 0 0 500816 0 540558 0 -39742 0 -39742 -39742 0 0 0 0 0 Swap Agreement Value Change 900099 -23625 -23625 0 0 Government Grant Revenue 900099 920188 920188 0 0 0 0 0 0 896563 8760324 8245410 0 0 1223218 1223218 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3654794 3325354 293280 36160 0 0 0 0 396321 333109 59551 3661 295989 269350 23679 2960 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 72725 41925 30800 0 11168 1504 9288 376 0 0 0 0 155914 142186 12203 1525 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 513037 364484 148553 0 42626 29838 12788 0 Repairs & Maintenance 311591 199632 94827 17132 Supplies & Materials 412711 385351 0 27360 Athletic clubs & international expense 158486 158486 0 0 Other Expenses 312580 198530 107183 6867 7561160 6672967 792152 96041 0 0 3005077 4014303 24281 0 15680 73403 0 0 0 0 0 0 0 0 0 0 15479244 3815707 11095496 11663537 0 0 250000 267969 0 0 0 0 592441 532181 14982975 16551393 968236 407011 0 0 1974210 2167214 6655729 6438578 0 0 0 0 241898 1232656 0 0 228373 192241 10068446 10437700 X 4696712 6110710 217817 2983 4914529 6113693 14982975 16551393 1199164 0 0 0 0 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2715586 0 2715586 11516400 0 3815707 7700693 0 0 0 0 1062780 0 0 1062780 184478 0 0 184478 11663537 0 Security Deposits 54124 Financing Lease Liabilities 138117 192241 8077664 0 0 0 -1223218 -1223218 9300882 0 -540558 -540558 8760324 6878500 0 0 0 -1223218 -1223218 8101718 0 -540558 -540558 7561160 Schedule D, Part XI, Line 2d Financial Aid Schedule D, Part XI, Line 4b Interest expense, condo fees, RE taxes Schedule D, Part XII, Line 2d Financial Aid Schedule D, Part XII, Line 4b Interest expense, condo fees, real estate taxes 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Working on establishing policy. Schedule E, Part I, Line 4 Working on establishing. A Massachusetts Development Finance Agency 043431814 2019-12-17 5557000 office building 0 0 0 A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 A 0 0 0 0 0 0 0 0 0 0 A 1 1 1 Salem Five Cents Savings Bank 10 0 0 0 0 1 Form 990, Part VI, Section B, Line 11b 990 is prepared by property manager who is former CFO. Head of school reviews before filing. Form 990, Part VI, Section B, Line 12c Conflict of interest policy signed annually. Form 990, Part VI, Section B, Line 15 Compensation setting is based on comparable data and reviewed by board. Form 990, Part VI, Section C, Line 19 Available upon request.